11:52 AM EST - Questerre Energy Corporation : reported today on its preliminary financial and operating results for the year ended December 31, 2012. The Company reported cash flow from operations of $10.24 million as compared to $10.06 million for the prior year. Although oil and natural gas liquids volumes increased by 18% over the prior year, the impact on cash flow was mitigated by lower realized prices. Questerre's production averaged 678 boe/d (2011: 646 boe/d) with oil and liquids accounting for 86% (2011: 76%) of the product mix. As at December 31, 2012, the Company reported a working capital surplus of $33.22 million (2010: $104.48 million). Questerre Energy Corporation
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